4,131 Shares in Chart Industries, Inc. (NYSE:GTLS) Acquired by Hudson Edge Investment Partners Inc.

Hudson Edge Investment Partners Inc. acquired a new stake in Chart Industries, Inc. (NYSE:GTLS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,131 shares of the industrial products company’s stock, valued at approximately $788,000.

Other institutional investors have also made changes to their positions in the company. Crumly & Associates Inc. bought a new stake in Chart Industries during the fourth quarter worth about $334,000. Van Berkom & Associates Inc. bought a new position in shares of Chart Industries in the 4th quarter valued at $35,543,000. Hudson Value Partners LLC acquired a new position in shares of Chart Industries during the 4th quarter worth $1,286,000. New York State Common Retirement Fund boosted its stake in Chart Industries by 14.1% in the fourth quarter. New York State Common Retirement Fund now owns 88,707 shares of the industrial products company’s stock valued at $16,929,000 after buying an additional 10,972 shares in the last quarter. Finally, Braun Stacey Associates Inc. bought a new position in Chart Industries in the fourth quarter valued at about $16,631,000.

Chart Industries Stock Performance

Shares of GTLS opened at $181.86 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The firm’s fifty day simple moving average is $200.26 and its two-hundred day simple moving average is $160.54. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $220.03. The stock has a market capitalization of $7.79 billion, a P/E ratio of 52.71, a price-to-earnings-growth ratio of 0.59 and a beta of 1.84.

Analyst Upgrades and Downgrades

GTLS has been the subject of a number of research analyst reports. Raymond James reiterated a “strong-buy” rating and set a $190.00 price objective on shares of Chart Industries in a research report on Monday, December 2nd. BTIG Research upped their price target on shares of Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Stifel Nicolaus raised their price objective on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a report on Tuesday, December 31st. Barclays lowered their target price on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a report on Monday, November 4th. Finally, Citigroup lifted their price target on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Chart Industries presently has an average rating of “Moderate Buy” and an average target price of $191.54.

Chart Industries Company Profile

Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.